Asymmetryveryard projects > system > asymmetry
|general||demanding change||ethics, trust & security||war & peace|
|Many enterprises are managed on a false assumption of symmetry.||Traditional enterprises assumed symmetry between supply
|Asymmetrical information may
create ethical problems such as adverse selection or moral hazard.
|Traditional armies assumed that their principal enemies
were also traditional armies. This assumption was shaken by insurgency
and guerilla and is completely irrelevant to the war against terror. Hence
the modern interest in asymmetric warfare.
Traditional diplomacy focused on the relationships between nation states, represented by the political establishment within each state. These states have peer-to-peer relationships, and also participate in various international bodies.
Asymmetric Demandveryard projects > system > asymmetry > demand
Asymmetric Informationveryard projects > system > asymmetry > information
|The agent (supplier) often knows more about the performance of a task than the principal (customer).||Is this solution complete, or will the customer need to buy more bits before it works properly?|
|Conversely, in the financial services industry, the customer often knows more about the risk than the finance company.||Do I really intend to pay back this loan?
Am I likely to be able to keep up the payments?
Do I have undeclared health problems?
|Insider trading||Do I want to buy this stock from someone who knows more
about it than I do?
Do I want to sell this stock to someone who knows more about it than I do?
|veryard projects > system > asymmetry||
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